Is Tamworth Community Nurse Association Legit?

The Tamworth Community Nurse Association demonstrates strong financial health and a commendable commitment to its mission, as evidenced by its IRS 990 filings. In the most recent period (202312), the organization reported a significant revenue of $1,035,335 against expenses of $251,788, indicating a substantial surplus that has contributed to its growing asset base of $2,648,521. This financial strength suggests a robust capacity to sustain and expand its community nursing services. The organization consistently maintains a very low expense ratio relative to its revenue, particularly notable in 202312 where expenses were less than 25% of revenue. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall low expense figure implies efficient operations. The consistent reporting of 0% officer compensation across all available filings highlights a strong dedication to directing resources towards the mission rather than executive salaries, which is a significant positive indicator of financial stewardship and transparency. Overall, the Tamworth Community Nurse Association appears to be a well-managed and financially sound nonprofit. Its consistent growth in assets, coupled with minimal liabilities and no reported officer compensation, points to a highly efficient and transparent operation focused on maximizing its impact within the Tamworth community. The substantial increase in revenue in 202312, compared to previous years, suggests successful fundraising or significant grants, further bolstering its financial stability.